look at it this way, necessities in USA are largely out of reach (health care, education, housing, funded retirement) and luxaries are easy to come by (phones, sneakers, branded clothing, streaming etc).
Whereas in Europe, the necessities are much more attainable for the population at any income bracket. Do you have much more “free cash”? No. Do you need it? No, you have a social safety net.
Even vacas in Europe are cheaper bc for an American to travel to Europe is very expensive by means of airplane. In Europe you can take a high speed train and be in any climate.
On the topic of trains, Public transit is more efficient there than it is to drive cars in the states. Imagine not having to buy a ~$30k car every 10 years? Not to mention fuel and maintain it.
IDK, does the salary deficit makes up for it?
look at it this way, necessities in USA are largely out of reach (health care, education, housing, funded retirement) and luxaries are easy to come by (phones, sneakers, branded clothing, streaming etc).
Whereas in Europe, the necessities are much more attainable for the population at any income bracket. Do you have much more “free cash”? No. Do you need it? No, you have a social safety net.
Even vacas in Europe are cheaper bc for an American to travel to Europe is very expensive by means of airplane. In Europe you can take a high speed train and be in any climate.
On the topic of trains, Public transit is more efficient there than it is to drive cars in the states. Imagine not having to buy a ~$30k car every 10 years? Not to mention fuel and maintain it.